Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

CPG

101 CPG employees from around the Country displaced effective October 31st via a Teams call today led by Vasquez. Offered very little HR info.

Tech Tuesday w/Ed O

I love it. People being actively laid off and this chucklehead host Tim H jibbering with Ed O about his Boat. Probably floats it down the street on the tears of his pleebs.

Applying internally - current manager notified?

Back in the day, I don't think managers had visibility into their direct reports job applying activities. The manager was only made aware if an offer was extended. But now? I heard that managers receive a notification whenever one of their directs... — read more 

Unemployment

In California, can unemployment be filed on the last day of the notice period or does it have to be the next business day? Any former CA employees have advice to share? TIA!

194 + 35 + ....

Wells Fargo is displacing 194 Winston-Salem employees effective August 23. Also, is displacing 35 more in Des Moines in August. I hope to get the Golden ticket displacement soon. This Tuesday, August 5 (after payday) would be nice. Just saying.

Personnel file

I know that you can request a personnel file for an employee. My question out there for anyone who may know is, can you request one for yourself?

CEO is now the Chairman!

Good ol’ Charlie received $30 mill stock gift for helping lift the asset cap and is now being promoted to Chairman. What did we get? 27 shares, woohoo 🥳

Toxic Company & Mid-Level Management

I am still reeling from my mid-year performance review on Monday. I knew it was going to go the way it did but still had some hope the company would have an ounce of compassion given that I went through and am still going through the two hardest... — read more 

Apply a lower level internal job

Can people apply a lower level internal position in a different area? For example, I’m P4 and can I apply a P3 role? Will this need any approval?

Cut list

If anyone has seen a lot of layoffs around them have you noticed a trend if only a few people in a group get cut? Like performance, tenure, seniority or salary ?

Voluntary layoff

HR just informed me I can request a voluntary lay off through my manager. Has anyone else heard of this?

31 branches shuttered in two months

I was honestly surprised by how fast the closures are happening. Thirty-one branches gone in just two months is no small thing. If I worked in a branch right now, I’d be nervous. It really does seem like they’re aiming to cut it all down to the... — read more 

Non working leave

If you are on your 60 days non working leave , are you allowed to apply for other jobs within WF? What happens if you’ve already signed the severance agreement ?

Portland

What’s the word of layoff rounds. Anyone heard anything?

Nearing 50, and honestly, I’m scared

I haven’t seen a single person in my immediate work circle make it past this age without being let go. And I keep hearing the same thing from friends and former colleagues - once you're over 50, finding a new job becomes incredibly difficult. It... — read more 

Post layoff career transition services

Any one found career transition services useful other than ther one time resume review and bunch of events? I had been assigned to a very lazy unresponsive coach who never answers mails. Only communication I get from her are some general group emails... — read more 

H1B Fraud

https://www.foxbusiness.com/media/jd-vance-calls-out-big-tech-firing-americans-while-hiring-cheap-foreign-h-1b-visa-replacements.amp

Not Enough Computer Usage

There's a new list monitoring low computer usage. Told by Tech manager. Just another way to rid employees. Has anyone heard about this?

Not enough work

Work in a LOB that will be laid off sometime before end of year. Our overseas replacements are up and running and now there's hardly enough work to go around. How does the bank benefit by holding on to a group of people who are, at this point, being... — read more 

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